COMMERCIAL INDUSTRIAL SPACE IS IN HIGH DEMAND
Q2 Industrial Leasing Activity Reached Close To 16.1 Million sf
Cushman and Wakefield Research Canada has released the Q2 2021 National Industrial Market Beat. The report uncovers that demand for industrial commercial real estate has continued to reach record highs. Revealing that new construction is expected to slow down in 2022, but the market shows no signs of slowing for the remainder of 2021.
In June 2021 employment continued to grow primarily amongst youth in part-time jobs. Accommodation, food services, and retail trade are sectors that all saw noteable employment increases.
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